K. C. Mahindra Scholarships for Post-Graduate Studies Abroad 2023

Background:

In the year 1953, late Mr. K. C. Mahindra established this Trust for promoting education among Indian nationals in Engineering, Natural Sciences, Humanities, Medicine and Business Management including the study of Military, Naval and Aviation Sciences. Interest-free loan scholarships for higher education abroad are being awarded since the year 1956. Announcements offering scholarship appear every year in all leading newspapers of the country. In the year 2010, the trust announced the KC Mahindra Fellows Fund where the 3 most deserving candidates selected are awarded an interest free loan scholarship where the maximum amount will be Rs. 10 lakhs per scholar, based on merit and need.

Eligibility Criteria:

• Candidate must be an Indian citizen.
• Applicant is required to possess a First Class degree or an equivalent diploma of similar standard of a recognized Indian University.
• Applicants must be Indian candidates who have secured admission or have applied for admission in reputable foreign universities for courses commencing from August 2023 but not later than February 2024.
• Candidates studying in the FINAL YEAR of the degree or diploma courses are also eligible to apply, provided they produce before end of June their final year marksheet or provisional certificate from the institute stating that they have completed their degree/diploma course and have secured a first class.

Documents required:

• Copy of Admission letter/s
• Letter of Recommendation
• A short statement of purpose (SOP) as to the general aptitude and interest, the type of course the candidate would like to pursue and his/her ambitions and aspirations in life.
• Copy of GRE/GMAT Score (where applicable)
• Copy of IELTS/TOEFL Score (where applicable)
• Evidence of course and degree certificates along with Mark-sheets
• Rank certificate, if applicable
• Copy of 10th & 12th mark sheets
• Copy of the Passport
• Latest C.V

Value of the scholarship:

The maximum amount for the scholarship will be Rs.5 lakhs per scholar, except for the 3 K.C. Mahindra fellow scholarships for which the maximum amount will be Rs.10 lakhs per scholar.

Duration:

Duration of studies abroad would be for a maximum of two years unless specific approval of the Trust is obtained by the scholar to extend studies exceeding this period.

Repayment of the Loan Scholarship:

The candidate shall repay the scholarship amount to the Trust within 24 months of completing the course or 48 months of receiving the scholarship, whichever is earlier, or such other expiry period as the Trust may in its sole discretion determine.